What to Expect From Dollar General Earnings

By Jon C. Ogg Updated Aug 26, 6:52AM EDT · Published Aug 25, 2:37PM EDT

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Dollar General Corp. (NYSE: DG) is set to report its earnings on Thursday, August 28, in the morning before the market opens. The report comes at an important time when the company is in talks of a merger with Family Dollar Stores Inc. (NYSE: FDO). The question is if Dollar Tree Inc. (NASDAQ: DLTR) will win Family Dollar in an acquisition or if Dollar General will. It would be very easy to become hyper-focused on this would-be merger, but we are going to keep it basic for now.

Thomson Reuters has consensus estimates of $0.83 in earnings per share and $4.77 billion in revenues for Dollar General. This compares to the same quarter a year ago of $0.77 in earnings per share and $4.39 billion in revenues. Estimates for the coming quarter are $0.81 in earnings per share and $4.77 billion in revenues.

Dollar General saw its shares rise sharply in the prior week, ahead of the earnings report. However, this might not necessarily be reflecting the anticipation for earnings. This pop higher was on the merger hopes that it can ultimately win the Familiar Dollar buyout, but this matter remains up for debate.

Using a chart analysis on Dollar General, it seems like you have to have more merger outcome knowledge than you do for traditional chart analysis. Its price gyrations have been too severe of late, so all we will note at the current time is that Dollar General shares are with $2 of all-time highs.

With shares recently trading at $64.02, Dollar General has a 52-week trading range of $53.00 to $65.99. Its consensus analyst price target is $69.12.

About the Author Jon C. Ogg →

Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. a673b.bigscoots-temp.com.

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